GWI raises $180M Series B at $850M valuation for its market research SaaS
GWI, a UK-based tech company — formerly GlobalWebIndex — that’s built up a SaaS business which disrupts traditional offline market research methods with a global network of data contributors, mobile surveys and a self-serve platform for surfacing rich consumer insights to customer
Pinterest’s AR shopping feature expands to include furniture and home décor
A new Pinterest feature will allow consumers to see what furniture or other home décor items will look like in their own home, using augmented reality (AR). Similar technology has already been put into place by major retailers, like Amazon, IKEA and Wayfair, as well as others in the home design sp
CausaLens gets $45M for no-code technology that introduces cause and effect into AI decision making
One of the most popular applications of artificial intelligence to date has been to use it to predict things, using algorithms trained with historical data to determine a future outcome. But popularity doesn’t always mean success: Predictive AI leaves out a lot of the nuance, context and caus
Atlassian acquires Percept.AI
Atlassian today announced that it has acquired Percept.AI, an AI company from Y Combinator’s summer 2017 batch that offers an automated virtual agent support solution — a chatbot, basically — based on a proprietary AI engine for natural language understanding. Atlassian plans to i
The robotic arm of the law
It's hard to know where to start this week. Any temporary slowdown we might have experienced over the holidays has been wiped away. Once again, we find ourselves knee deep in robotics news, like the trash compactor scene in A New Hope — only without the closing walls, Death Star and weird
Pimloc grabs $7.5M to pitch more businesses on AI-for-privacy video tools
Pimloc, a U.K. computer vision startup that’s sharpened its business pitch to sell an AI service for quickly anonymizing video — automating the blurring of faces or licence plates, along with a suite of other visual search services — has grabbed another chunk of seed funding: anno
Ahead of planned IPO, Knightscope’s CEO discusses opportunity and controversy
After months of waiting, Knightscope this week announced a January 27 date for its planned IPO. Founded in 2013 by William Santana Li, a Ford executive, and Stacy Stephens, a former Texas police officer (the co-founders of police vehicle firm Carbon Motors), the Mountain View-based firm has risen t
Boston Dynamics' warehouse robot gets a $15M gig working for DHL
Back in March of last year, Boston Dynamics unveiled its second commercial robot, Stretch. The system, built from its impressive box-moving Handle concept, is designed to bring the company's advanced robotics technologies into a warehouse/logistics setting — easily one of the hottest cate
Vecna gets $65M to replace forklifts with robots
In the rush to automate warehouses, forklifts are something of a no-brainer. Lifting heavy payloads already requires heavy machinery, and these systems are somewhat notorious for being involved in incidents, with tens of thousands of forklift accidents recorded in the U.S. alone each year.
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Baidu’s electric car brand Jidu closes $400M Series A round
Once an industry with long development cycles, the automotive space is being upended by China’s tech giants. One can hardly keep up with all the new electric vehicle brands that come out of the country nowadays. Jidu, an electric carmaking company founded by Baidu and its Chinese auto partner
Paack pulls in a $225M Series D led by SoftBank to scale its e-commerce delivery platform
By now, many of us are familiar with the warehouse robots that populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much a pioneer of the technology. But it's 2022 now, and allying warehouse robots with a software logistics platform is no longer
Woflow structures merchant data so food ordering can be more accurate
Woflow, a data infrastructure company, raised $7.3 million in Series A funding to continue developing its automated approach to bring offline data online.
The company helps customers with antiquated inventory systems power their merchant onboarding data, like restaurant menus and images, with APIs
Tunisian enterprise AI startup InstaDeep raises $100M from AI Capital, BioNTech, Google
A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a prominent and critical role in how their businesses operate this year.
Companies are phasing from the first generation of AI, which deals with pattern, text and image recognition, to decision-making AI,
AI2 shows off an open, Q&A-focused rival to GPT3
OpenAI’s impressive AI language model GPT-3 has plenty of things going it, but with 175 billion parameters no one would claim it’s particularly streamlined. The Allen Institute for AI (AI2) has demonstrated a model that performs as well or better than GPT-3 on answering questions, but i